Nifty closes above 9100, Sensex above 80 points, Bank of Baroda soars 3%

           NSE Nifty closed at 9105 levels, up by 21 points or 0.2%. BSE Sensex closed at 29,421 levels, up by 89 points or 0.3%.
 
There were 760 advances, 867 declines and 296 unchanged stocks on NSE, reflecting bearish undertone floating in the market.
 
Bank of Baroda was the top Nifty gainer whereas, Grasim was the top Nifty loser in Friday’s trading session.
 
While, BSE Mid-cap Index closed down by 0.03% at 13849 whereas, BSE Small-cap Index closed up 0.3 at 14077.

BSE Bankex is the top gaining index on Friday’s trade. Bank of Baroda is the top gainer in the index, the stock closed at Rs 168 per share up by Rs 6 or 3%.
 

Alankit closed at Rs 21 per share, up by Rs 3 per or 16%.
 
Wabco India closed at Rs 6023 per share, up by Rs 648 or 12%.
 
Star Ferro and Cement closed at Rs 140 per share, up by Rs 13 or 10%.
 
Welspun India closed at Rs 87 per share, up by Rs 6 per share or 8%.

Live Stock Market Updates – Nifty hovers around 9120, Sensex over 115 points, Prestige Estates gains over 2%

            Realty stocks such as, Prestige Estates Projects is up by 2.3%, Unitech is up by 2.1%, Godrej Properties is up by 1.4%, DLF is up by 1,1% and Indiabulls Real Estate is up by 0.6% in the BSE Realty index on Friday’s trade.
 
DLF alone is contributing nearly 50% to the index gains. While some stock in the index such as, Sobha is down by 2.1% and Oberoi Realty is down by 0.7%.
 
At 1 PM, the S&P BSE Sensex is trading at 29,443 up 110 points, while NSE Nifty is trading at 9,116 up 29 points. A total of 62 stocks registered a fresh 52-week high in trade today, while 26 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading up 0.3% at 13,895, whereas BSE Small-cap Index is trading up 0.6% at 14,122.
 
Some buying activity is seen in Realty, FMCG, Utilities, Capital Goods and Metal indices, while IT and Oil & Gas indices are showing weakness on BSE.
 
Bank of Baroda, ICICI Bank, State Bank of India, ITC and Axis Bank are among the gainers, whereas Tech Mahindra, ONGC, Tata Motors, Zeel and Grasim are losing on the NSE.
 
The INDIA VIX is down 0.5% at 11.7.

Opening Bell – Markets open slightly higher; Yes Bank top Nifty gainer

At 9:15 AM, the BSE Sensex opened higher by 18 points at 29350, while the Nifty50 opened higher by 18 points at the 9104 mark.
 
Yes Bank is the top Nifty gainer and HeroMoto corp is the top Nifty loser in the morning hours. Yes Bank is trading at Rs 1543 per share up by 1.6%. HeroMoto corp is trading at Rs 3339 per share down by 0.8%.
 
There are 912 advances, 430 declines and 473 unchanged stocks on NSE reflecting fairly positive bias floating in the market.
 
Nifty needs to cross and hold above 9095 to continue with the upward movement, where the next crucial resistance level is at 9120, followed by 9140. In case the previous day's movement is just a breather, we hold a crucial support at the 9050 level.
 
The rupee opened at 65.48 per dollar lower by 4 paise.
 
Major US indices were off the day's high, retreating to close on a flat to negative note after the Republican-led healthcare bill was postponed. Nasdaq Composite and Dow Jones Industrial Average closed almost flat, while S&P 500 closed marginally down with 0.1% loss. The move to dismantle the Obamacare on the healthcare bill is set to be rescheduled on Friday. Investors may continue to remain wary.
 
Asian stocks are trading mixed bag, where Nikkei 225 is trading straight up almost 171 points, Hang Seng index is marginally down with 38 points while China's Shanghai Composite is trading flat to negative.